The ‘Top 10 Innovative Environmental Companies’ contest will start accepting applications on 12 November 2019. The contest is part of the Roscongress Foundation’s Business Priority project, which seeks to develop a national quality standard for high-tech, innovative companies with a high level of liquidity on the global market. It aims to identify the most in-demand innovative solutions capable of significantly improving environmental conditions in their industry, both in Russia and abroad.

«The ‘Top 10 Innovative Environmental Companies’ contest will help identify the most effective solutions to environmental issues, such as the creation of modern waste processing infrastructure, reducing pollution, and the restoration of natural areas through the use of promising innovative technologies,» said Minister of Natural Resources and the Environment of the Russian Federation Dmitry Kobylkin.

The contest’s themes align with global environmental priorities. They include effective waste management, digitalization of environmental data, the use of artificial intelligence for environmental purposes, development of alternate energy sources, reduction of environmental pollution, and preservation of species diversity.

The contest’s expert committee is composed of representatives from the Ministry of Natural Resources and Environment of the Russian Federation, the Roscongress Foundation, the Skolkovo Foundation, and Russia’s leading venture funds. The experts will evaluate the projects’ environmental impact, global commercial prospects, and the innovativeness of their approach to solving existing environmental problems.

«The contest finalists will be awarded Business Priority status, providing them with a wide range of opportunities for attracting investments and scaling their business. We want to see entrants with a lot of development potential, including in international markets. The majority of countries are facing environmental challenges and our goal is providing holistic support to Russian innovative companies ready to improve the environmental situation in Russia and abroad,» said Business Priority Project Director Marianna Skragan.